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Economy > Tax > Taxes on income Stats: compare key data on Barbados & Jamaica

Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT Barbados Jamaica HISTORY
Profits and capital gains > % of revenue 24.18%
Ranked 30th. 62% more than Jamaica
14.95%
Ranked 43th.

Profits and capital gains > % of total taxes 33.59%
Ranked 39th. 74% more than Jamaica
19.28%
Ranked 51st.

Profits and capital gains > Current LCU 936.27 million
Ranked 87th.
119.17 billion
Ranked 33th. 127 times more than Barbados

Profits and capital gains including income tax > % of revenue 36.96%
Ranked 14th.
37.22%
Ranked 14th. 1% more than Barbados

Profits and capital gains including income tax > % of total taxes 38.58%
Ranked 39th.
44.08%
Ranked 28th. 14% more than Barbados

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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